En Hungria las autoridades sí piensan diferente a las nuestras
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Today's Other Headlines
September 3, 2010
By:
Linda Blachly
Troubled Malev received a HUF5.7 billion ($25.5 million) loan from the Hungarian government Thursday, according to multiple news reports. Hungary's National Development Ministry, which officially extended the loan, told Reuters that "Malev's situation would have become almost unsustainable" without the financial help.
The announcement of the loan came shortly after Figyelo, a Hungarian business publication, reported that the airline was unable to make aircraft lease payments owed to ILFC. The Hungarian government already put HUF25.2 billion ($126.7 million) into the carrier this year (ATW Daily News, March 2). CCO and Deputy CEO Karim Makhlouf resigned from the carrier last month (ATW Daily News, Aug. 9).
ATW Home »
Today's Other Headlines
September 3, 2010
By:
Linda Blachly
Troubled Malev received a HUF5.7 billion ($25.5 million) loan from the Hungarian government Thursday, according to multiple news reports. Hungary's National Development Ministry, which officially extended the loan, told Reuters that "Malev's situation would have become almost unsustainable" without the financial help.
The announcement of the loan came shortly after Figyelo, a Hungarian business publication, reported that the airline was unable to make aircraft lease payments owed to ILFC. The Hungarian government already put HUF25.2 billion ($126.7 million) into the carrier this year (ATW Daily News, March 2). CCO and Deputy CEO Karim Makhlouf resigned from the carrier last month (ATW Daily News, Aug. 9).
